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Det norske signs USD 3 billion reserve-based lending facility
Reference is made to the stock exchange notice from 2 June 2014, regarding a long-term financing plan in connection with the acquisition of Marathon Oil Norway.
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Rights Issue resolved by the General Meeting
An Extraordinary General Meeting of the shareholders of Det norske oljeselskap ASA (the “Company”) was held today, 3 July 2014 at 17:00 hours (CET). The Extraordinary General Meeting resolved the proposed rights issue (the “Rights Issue”) of…
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Invitation – Presentation of Financial Results for Q2 2014
Det norske oljeselskap ASA will present its financial results for the second quarter 2014 on Thursday 17 July 2014. The presentation will take place at Det norske’s office, entrance via Bryggetorget 1 in Oslo, at 08:30 a.m. (CET). Please submit…
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Ivar Aasen unit agreement and volume increase
Det norske oljeselskap ASA (DETNOR) have signed a unit agreement for the Ivar Aasen development on the Utsira High in the North Sea with the licencees in PL001B, PL242, PL457 and PL338. Det norske is operator and will have 34.7862 percent interest in…
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Asset swap increases ownership in Ivar Aasen
Det norske oljeselskap ASA (DETNOR) has signed an agreement with E.ON E&P Norge AS (E.ON) to swap two exploration licenses plus a cash consideration for a 20 percent interest in license 457, containing parts of the Ivar Aasen deposit.
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Dry well on Terne
Det norske oljeselskap ASA announces that the 6507/5-7 exploration well on the Terne prospect in PL558 in the Norwegian Sea did not encounter hydrocarbons. Det norske is partner in the license with 10 percent* interest.
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Asset swap in the North Sea
Det norske oljeselskap ASA (“DETNOR”) has signed an agreement with Spike Exploration to swap a 10 percent interest in licence 554/B/C containing the Garantiana oil discovery for a 20 percent interest in license 457 containing parts of the Ivar…
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Dry well on Gotama
Det norske oljeselskap announces that the 31/2-21 S exploration well on the Gotama prospect in PL 550 offshore Norway did not encounter reservoir quality sandstones in the Upper Jurassic main target. The well encountered reservoir quality sandstones…
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First quarter 2014 results
Det norske oljeselskap ASA announces a good first quarter 2014. The development of the Ivar Aasen field is on schedule. Fabrication of the living quarters, steel jacket and platform deck is ongoing. A development concept has been agreed for the Johan…
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